Egypt is rapidly rising to top spot in Africa’s startup ecosystem
It’s a silicon Cape to Cairo as Egypt’s fast-growing number of startups and its ability to attract growth funds sees the north African state take its place in a north-south, east-west startup “axis”. Egypt’s arrival also brings new competition for the better-known startup ecosystems of Nigeria, South Africa and Kenya. By Conrad Onyango – bird Newsroom Seemingly from nowhere, Egyptread more
WhatsApp to introduce a new feature for audio messages
Meta-owned instant messaging platform WhatsApp introduced a feature for changing the playback speeds of voice messages in May and now reports claim that they’ve started beta-testing the same feature for audio messages. Presently with a forwarded voice note, you aren’t allowed to change the playback speeds to 1x, 1.5x, or even 2x as opposed to received audio messages. But now,read more
China surpassed USA as the world’s richest country, with a net value of $514 trillion dollars
Economic might is achieved through the accumulation of wealth and exercising socio-economic influence over the world. China and the US have been in a tussle—sort of a tug of war—to determine who is more powerful. While the US has been exerting its influence and hegemony over the Western and Eastern hemispheres during most parts of the post-Second World War, Chinaread more
Russian Officials Aim to Develop Weather Satellites for Pakistan
Recently, representatives of a Pakistani company met with Russian officials to discuss custom-made weather satellites, which Pakistan would subsequently acquire if the discussions go as planned. Harun Karchaev, Deputy Director-General of the Lavochkin Science and Production Association (LSPA), a subsidiary of Roscosmos, stated that he had previously had preliminary discussions about the project during the Dubai Airshow. The prospects forread more
El Salvador plans to create a ‘Bitcoin City’ and raise $1 billion via a ‘Bitcoin Bond
KEY POINTS El Salvador plans to construct a “Bitcoin City” near a volcano that will be funded by the cryptocurrency, the country’s President Nayib Bukele announced Saturday. The city will have residential and commercial areas, services, entertainment, restaurants and an airport. El Salvador also plans to raise about $1 billion via a “Bitcoin Bond” in partnership with Blockstream, a digitalread more
This 31-year-old’s start-up went from having $200 to being valued at over $6 billion in just 6 years
In just six years software firm Personio has become one of Europe’s most valuable start-ups, valued at $6.3 billion. But CEO Hanno Renner remembers a time when money was tight for the company. Speaking to CNBC, Renner recalled how the business had just 200 euros ($226) left in the company bank account before it received its first real funding. read more
6G: What you need to know about ultra-high-speed ‘post-5G’ world
HIGHLIGHTS Big changes are about to happen in tech. Only 30% of the world’s countries currently have access to 5G. The world’s leading nations and tech companies are racing to grab the 6G sweepstakes about to hit the tech world. Research & development focus on standards and services, such as always-on, device-to-device communication and Augmented Reality (AR) interface. You’ve heardread more
Pakistan set to introduce e-passports next year
ISLAMABAD – Federal authorities are set to issue e-passports from next year under digital transformation stride, local media reported quoting sources. Interior Minister Sheikh Rasheed chaired a meeting in the country’s federal capital which was attended by the secretary of the interior, chairman NADRA, DG Passport, and additional DG FIA. The decision was reportedly made during the meeting which aimedread more
Chinese tech company to develop state-of-the-art booking system for Pakistan Railways
In recent news, Pakistan Railways has officially signed a deal with a Chinese technology company in order to implement an artificial intelligence system that would allow passengers to plan and book journeys by using a single app. The China North Industries Group Corporation (Norinco) would develop the service over the next 10 years. The system is being called the Railwayread more
Education startup MindX raises $3.3M to prepare Vietnamese students for tech careers
Vietnam’s digital economy is one of the fastest growing in the world, but the country is facing a growing shortage of IT workers. Many kids want to study coding, but school curriculums are limited, said Tung Nguyen, the co-founder of MindX, an online/offline education platform that focuses on preparing students for tech careers. The company announced today that it has raised aread more